Flexible Elastomeric Foam Market by Type, Function, End-use Industry, and Region - Global Forecast to 2023

Dublin, March 21, 2019 (GLOBE NEWSWIRE) -- The "Flexible Elastomeric Foam Market by Type (Natural Rubber, NBR/PVC, EPDM, CR), Function (Thermal, Acoustic), End-use Industry (HVAC, Automotive & Transportation), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The flexible elastomeric foams market is projected to grow from USD 2.2 billion in 2018 to USD 2.7 billion by 2023, at a CAGR of 4.72% between 2018 and 2023.

The growing demand from end-use industry such as HVAC and automotive & transportation is expected to fuel the growth of the flexible elastomeric foams market. However, the lack of awareness about the benefits of insulation is expected to restrain the growth of the market during the forecast period.

Flexible elastomeric foams are used for functions such as thermal and acoustic insulation for various applications in the HVAC, automotive & transportation, and other industries. Flexible elastomeric foams are either based on natural rubber or synthetic rubber. Synthetic flexible elastomeric foams are produced by three major components, which include polyvinyl chloride (PVC), synthetic rubber, and a chemical foaming agent.

These foams are moisture- and thermal-resistant, and, hence are mainly used in thermal insulation applications. These foams are available in various forms such as sheets, rolls, and pipes for easy installation. Synthetic rubber-based flexible elastomeric foams are available in various types such as nitrile butadiene rubber/ polyvinyl chloride (NBR/PVC), ethylene propylene diene methylene (EPDM), and chloroprene (CR). These foams are used in industries such as HVAC, automotive & transportation, and others.

Some of the key market players are Armacell International S.A. (Germany), Hira Industries (UAE), L'Isolante K-Flex S.p.A (Italy), Kaimann GmbH (Germany), Huamei Energy-saving Technology Group Co., Ltd. (China), Jinan Retek Industries Inc. (China), Aeroflex USA, Inc. (US), NMC SA (Belgium), and Anavid Insulation Products Kiryat Anavim Ltd. (Israel).

The aforementioned companies are involved in the manufacturing of flexible elastomeric foams and formulating flexible elastomeric foam products in the form of tubes, rolls, and sheets, which are then used in various applications. These companies have a strong foothold in the global market for flexible elastomeric foams and its related products.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Flexible Elastomeric Foam Market Attractiveness
4.2 Flexible Elastomeric Foam Market, By End-Use Industry
4.3 Flexible Elastomeric Foam Market, By Function Type
4.4 Flexible Elastomeric Foam Market in APAC, By Type and Country
4.5 Flexible Elastomeric Foam Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Superior Properties of Flexible Elastomeric Foams
5.2.1.2 Growth in the End-Use Industries of Flexible Elastomeric Foams
5.2.2 Restraints
5.2.2.1 Lack of Awareness About the Benefits of Insulation
5.2.3 Opportunities
5.2.3.1 Growing Opportunities in the Healthcare Sector
5.2.3.2 Stringent Government Regulations Encouraging Energy Efficiency
5.2.4 Challenges
5.2.4.1 Difficulty in the Disposal of Flexible Elastomeric Foams
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Overview and Trends
5.4.1 Introduction
5.4.2 Construction Contribution to GDP
5.4.3 Trends of the Automotive Industry

6 Flexible Elastomeric Foam Market, By Function
6.1 Introduction
6.2 Thermal Insulation
6.2.1 Property of Keeping Product Environmentally Friendly is Expected to Drive the Demand
6.3 Acoustic Insulation
6.3.1 High Demand for Acoustic Insulation in the Construction Industry is Expected to Boost the Market

7 Flexible Elastomeric Foam Market, By Type
7.1 Introduction
7.2 Natural Rubber/Latex
7.2.1 High Resilience and Resistance to Compression Set Property Makes Natural Rubber the Most Preferred Type
7.3 Nitrile Butadiene Rubber/Polyvinyl Chloride (NBR/PVC)
7.3.1 High Tensile Strength and More Demand for the Blend in the End-Use Industry Makes NBR/PVC the Most Preferred Type
7.4 Ethylene Propylene Dine Monomer (EPDM)
7.4.1 More Demand for EPDM in the Automotive & Transportation Industry is Expected to Drive the Market
7.5 Chloroprene (CR)
7.5.1 Superior Ozone Resistance Property is Expected to Spur the Demand for CR in the End-Use Industry
7.6 Others

8 Flexible Elastomeric Foam Market: By End-Use Industry
8.1 Introduction
8.2 HVAC
8.2.1 High Demand for Flexible Elastomeric Foam in Ac, Refrigeration, and Solar Application is Expected to Drive the Market
8.3 Automotive & Transportation
8.3.1 There is A High Demand for Flexible Elastomeric Foam in Gasketing Application in This End-Use Industry
8.4 Others

9 Flexible Elastomeric Foam Market, By Region

10 Competitive Landscape
10.1 Overview
10.2 Competitive Leadership Mapping
10.3 Market Ranking Analysis
10.4 Competitive Situation & Trends

11 Company Profiles
11.1 Armacell International S.A.
11.2 Hira Industries
11.3 Rogers Corporation
11.4 L'isolante K-Flex S.P.A.
11.5 Kaimann GmbH
11.6 Huamei Energy-Saving Technology Group Co., Ltd
11.7 Jinan Retek Industries Inc
11.8 Aeroflex Usa, Inc.
11.9 NMC SA
11.10 Anavid Insulation Products Kiryat Anavim Ltd.
11.11 Isidem Insulation
11.12 Additional Company Profiles
11.12.1 Roka Yalitim
11.12.2 Rubberlite, Inc.
11.12.3 ODE Insulation
11.12.4 Kingwell World Industries, Inc
11.12.5 Recaa Insulation Systems Sdn. Bhd.
11.12.6 Grando
11.12.7 China Ining Industrial Group Co., Ltd

For more information about this report visit https://www.researchandmarkets.com/research/m8d59m/flexible?w=12

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                    Related Topics: Rubber, Insulation